10+ reasons to believe in operation pride at KQ and position yourself with KQ stock:
1. Refreshed hedging policy
2. Cut down on HOTAC and other operational expenses
3. Rightsizing of the workforce and easing labor unrest
4. Fuel efficient planes in entire fleet
5. Route optimization especially in Africa
6. CAT 1 status at main hub
7. GoK guaranteed debt at reduced interest pay out
8. Strong forex holding with primary pricing in USD, EUR
9. Debt tenor restructure by main bankers KQLC
10. Revival in KE tourism
11. Budget carrier Jambojet for booming middle-class
12. Seven straight years of losses about to be overturned into a profit for 2019
13. Negative equity remains an academic argument based on the tallying of total losses from retained earnings
Profit trend (LBT) (KSh m) From 2003 to 2018 ascending:
547
2,075
5,520
6,960
5,975
6,526
−5,664
2,671
5,002
2,146
−10,826
−4,861
-29,710
-26,099
-10,202
-5,969
-3,156 (forecast)
KQ ABP 4.26